| Project Detail |
CORRIDORS MANAGEMENT PLAN FOR
THE RING OF GROWTH IN WEST AFRICA (WAGRI-CACAO)
1. TITLE: Project to reactivate the exploitation of the Bandjeli iron mine
2. COUNTRIES OF INTERVENTION: TOGO
3. AREA OF INTERVENTION: BASSAR (PREFECTURE OF BASSAR)
4. AREAS OF INTERVENTION: MINES
5. Strategic focus of the management plan. Button C Strengthening north-south connectivity
Axis 6 of the strategic plan CACAO
6.JUSTIFICATION OF THE PROJECT:
The iron mine is located in the Bassar area in the northwestern part of Togo, specifically in Bandjéli. The mine is full of 1 billion tons of iron deposits. The annual iron ore output of the mine would be 100,000 tons. The government aims to withdraw part of the current concession holders operating license because of non-compliance with the terms of the operating agreement.
The project aims to attract private investment to reactivate the operation of the Bandjéli Iron Mine and facilitate a PPP scheme for the construction of a railway between Lomé and Kabou and a railway between Kabou and the Bandjéli Mine
7. MAJOR STAKEHOLDERS
Project management: STATE TOGOLAIS / Ministry of Mines and Energies
Project Manager: Private Concessionaire
Beneficiaries: State and users of the sector
Other stakeholders: Surrounding population, local communities, ministries responsible for the environment, industry and trade sectors.
Coordination and monitoring-evaluation The supervision and follow-up of works will be assured by the general direction of the mines and the geology.
Periodic control is carried out by the Development and Mining Control Department.
8. STRATEGIC DIRECTIONS
General Objective (Goal): Contribute to the development of mineral potential and GDP growth
Specific Objectives: 1. Revitalize the operation of the Bandjéli Iron Mine
Expected results: 1. 100 000 tons of iron are exported per year
Main activities :
1. Conduct the environmental and social impact assessment
2. Carrying out an exploitation plan
3. Install the operating infrastructure
Environmental and social impact: Before the mining permit is granted, mining companies are required to provide an environmental compliance certificate based on the environmental and social impact assessment carried out.
9. FINANCING PLAN
Estimated cost of the project: Promoter or investor
Amount mobilized: Rate:%
Source Amount Financing instrument
(PPP, State Budget, Loan, Other)
F CFA USD
State: Promoter -
Private promoter:
Development partners:
Private partners:
Remaining to be mobilized: Proponent Rate:%
10. DURATION - MAIN STAGES OF THE PROJECT
Estimated time of completion To be determined Start: To be determined End: To be determined |
